Common use of Total Interest Expense Clause in Contracts

Total Interest Expense. For any period, the aggregate amount of interest required to be paid or accrued by Borrower and its subsidiaries during such period on all indebtedness of Borrower and its subsidiaries outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of any capitalized lease, or any synthetic lease and including commitment fees, agency fees, facility fees, balance deficiency fees and similar fees or expenses in connection with the borrowing of money.

Appears in 2 contracts

Samples: Loan Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

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Total Interest Expense. For any period, the aggregate amount of interest required to be paid or accrued by Borrower and its subsidiaries Subsidiaries during such period on all indebtedness of Borrower and its subsidiaries consolidated Subsidiaries outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of any capitalized lease, or any synthetic lease and including commitment fees, agency fees, facility fees, balance deficiency fees and similar fees or expenses in connection with the borrowing of money.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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Total Interest Expense. For any period, the aggregate amount of interest required to be paid or accrued by Borrower and its subsidiaries Subsidiaries during such period on all indebtedness of Borrower and its subsidiaries Subsidiaries outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of any capitalized lease, or any synthetic lease and including commitment fees, agency fees, facility fees, balance deficiency fees and similar fees or expenses in connection with the borrowing of money.

Appears in 1 contract

Samples: Loan and Security Agreement (Silverleaf Resorts Inc)

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